Financial Analyst, Corporate Finance (Hybrid/Oceanport, NJ) - Oceanport New Jersey

Company: RWJBarnabas Health Corporate Services
Location: Oceanport, New Jersey
Posted On: 05/19/2024

Job Overview:Under the leadership of the A.V.P. of Rutgers Financial Management, the office and staff are responsible to account for and manage all funds flow between RWJBarnabas Health and Rutgers. In accordance with the Master Affiliation Agreement, the office provides financial leadership and management while establishing the policies and procedures governing the oversight and monitoring of the health system s financial investment in the academic, research and clinical enterprise. The office is responsible for overseeing the related budget process, including the collection and validation of inputs, monitoring and explaining variances throughout the year, and making recommendations for adjustments as necessary. The office is instrumental in designing, implementing and monitoring reimbursement methodologies and procedures to support the academic health system s vision. The areas of focus cross all three pillars of the affiliation: education; research; and clinical. Close collaboration and a positive working relationship with the fiscal leadership at Rutgers is necessary.Qualifications:Required:

• Bachelor s degree, preferably in Accounting, Finance, or other closely related field.
• 2+ years of experience in an audit position.
• Advanced knowledge of Microsoft Excel.Scheduling Requirements:
  Full-time, DayEssential Functions:To support the academic health system affiliation between Rutgers and RWJBarnabas Health:
  • Have a deep understanding of the Master Affiliation Agreement and how it relates to the funds flow between RWJBarnabas Health and Rutgers.
  • Prepare individual review workpapers relating to the processing of Rutgers-RWJMS s monthly clinical invoicing in an accurate and timely manner.
  • Assist in the enhancement of procedures in place to prevent unapproved salary changes from inclusion in the monthly invoicing.
  • Identify and document corrective entries for errors found during the invoice review process.
  • Assist with the ongoing evaluation of current monthly invoice review procedures and develop recommendations to enhance and streamline the review.
  • Assist office leadership to administer the financial management system that provides accounting, monitoring and analytical capabilities that support the academic health system affiliation between RWJBarnabas Health and Rutgers.
  • Assist in the preparation of executive level performance reports and dashboards for monthly, quarterly and annual updates to track, analyze and measure program results.
  • Analyze data for opportunities and elevates findings to advance to management through written narratives and data analytics.
  • Generate standard and custom reports for financial and program information.
  • Assist with the preparation of fiscal and data analytics to support the expanding clinical integration among Rutgers and RWJBarnabas Health.
  • Responsible for the collection, evaluation, interpretation and presentation of quantitative data; providing insight, recommendations, and advice on data needs.
  • Performs other financial analysis as requested to support leadership and the academic health system partnership.Other Duties:Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time, with or without notice.Benefits and Perks:At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.
    Paid Time Off (PTO) Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort- & Long-Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts through our partners, such as NJ Devils, NJ PAC, Verizon, and more!Choosing RWJBarnabas Health! RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health. RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.Equal Opportunity Employer More...

        

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